# 119-hr-1803: Fair Access to Co-ops for Veterans Act of 2025

119-hr-1803, Fair Access to Co-ops for Veterans Act of 2025, is a 119th Congress bill sponsored by Rep. Meng, Grace [D-NY-6] (D-NY); status in_committee; PRIA reads it as touching household money (as of 2026-04-21).

- Canonical: https://policyrisk.com/legislation/119-hr-1803
- As of: 2026-04-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-1803
- Congress: 119
- Title: Fair Access to Co-ops for Veterans Act of 2025
- Status: in_committee
- Introduced: 2025-03-03
- Sponsor: Rep. Meng, Grace [D-NY-6] (D-NY)
- Cosponsors: 4
- Policy area: Armed Forces and National Security
- Touches household money: yes
- Last recorded action: 2026-04-21

## Summary

**Expands veterans' access to cooperative housing through VA loan guarantees.** It treats co-op stock as residential property, requires new underwriting standards aligned with the Federal National Mortgage Association, and changes loan fees. - Veterans and households: Removes a prior five-year limitation and treats cooperative housing stock or membership as residential property, making co-op share purchases eligible for VA-guaranteed loans. - Lenders and markets: Directs the Secretary to set minimum underwriting, loan processing, project, share eligibility, and valuation standards that, to the extent feasible, align with the Federal National Mortgage Association, clarifying criteria for lenders and securitization. - Borrowers and administration: Adds an extra 3.25 percent fee on top of the standard loan fee, applies that fee to assumed loans on the unpaid principal balance, and allows the Secretary to advertise availability and issue guidance before final regulations to speed use.

## Cosponsors (4)

- Rep. Malliotakis, Nicole [R-NY-11] (R-NY), 2025-03-03T00:00:00.000Z
- Rep. Fitzpatrick, Brian K. [R-PA-1] (R-PA), 2025-05-07T00:00:00.000Z
- Rep. Cohen, Steve [D-TN-9] (D-TN), 2025-10-10T00:00:00.000Z
- Rep. Kennedy, Timothy M. [D-NY-26] (D-NY), 2026-02-24T00:00:00.000Z

## Provisions PRIA read

- VA outreach and guidance on co-op loans: benefit, low. The VA would be allowed to issue guidance to start the co‑op loan program before formal regulations. The VA would also advertise the availability of these guarantees and notify veterans, lenders, and realtors about how to apply. These steps could speed awareness once the program is active.
- Higher VA fee for co-op loans: cost, high. If you use a VA guarantee for a co-op loan, you would pay an extra fee equal to 3.25% of the loan amount, on top of the standard VA fee. For a loan assumption, the 3.25% would apply to the unpaid balance at transfer. This would be a one-time closing cost and would start upon enactment.
- VA co-op loans expand pending rules: mixed, high. This bill would let VA treat co-op shares that let you live in a single‑family unit as residential property. It would remove the old five‑year limit on VA guarantees for co‑op loans. However, VA could not guarantee these loans until it issues rules on underwriting, processing, project standards, sh…

## Related bills

- 119-hr-9877: Health Equity and Accountability Act of 2026
- 119-hr-3151: SHIPS for America Act of 2025
- 119-hr-2086: Rights for the TSA Workforce Act
- 119-hr-7977: Energy Bills Relief Act
- 119-hr-9211: Jewish American Security Act
- 119-hr-6182: Find It Early Act

## Sources
- [119-hr-1803 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/1803)

## Related
- [119-hr-9877: Health Equity and Accountability Act of 2026](https://policyrisk.com/legislation/119-hr-9877)
- [119-hr-3151: SHIPS for America Act of 2025](https://policyrisk.com/legislation/119-hr-3151)
- [119-hr-2086: Rights for the TSA Workforce Act](https://policyrisk.com/legislation/119-hr-2086)
- [119-hr-7977: Energy Bills Relief Act](https://policyrisk.com/legislation/119-hr-7977)
- [119-hr-9211: Jewish American Security Act](https://policyrisk.com/legislation/119-hr-9211)
- [119-hr-6182: Find It Early Act](https://policyrisk.com/legislation/119-hr-6182)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-1803 (as of 2026-04-21).